Tag: Mining

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SEC Files a Lawsuit Against Joshua Garza, ZenMiner and GAW Miners

A Bitcoin Ponzi Scheme that cost investors over $19 million. Yes, if you invested in GAW Miners or ZenMiner then you were part of...

Slush Pool to Enable BIP 101 Mining in Support of Bitcoin XT

The debate about the bitcoin block size continues. The bitcoin community is yet to reach a consensus about the implementation of BIP101, also known...

BW Announces Its Latest Bitcoin Miner, Pre-Orders Open

The processing power required for bitcoin mining is exponentially increasing every passing day. In order to meet the requirements, specialized hardware called Application Specific...

Digital CC, the ASX Listed Bitcoin Mining Company Stops Mining Operations

Bitcoin mining is becoming more process intensive on each passing day. All thanks to progressively increasing blockchain difficulty and competition from large mining pools...

HashingSpace Finds Itself on Shaky Grounds

The bitcoin mining firm, HashingSpace is currently in trouble due to fraud allegations surrounding its former CEO, Timothy Roberts. Timothy Roberts and his company...

China May Take Bitcoin Prices for yet Another Ride

We all observed a surge in the bitcoin price during Greece crisis right before it took a nosedive to reach a low of about...

BIP 100 Garners More Support Than BIP 101

Any change is always met with resistance, sometimes more fierce than expected. It is the same thing happening with Bitcoin XT now. Number of...

Bitmain Launches Its Latest BM1385 Mining ASIC

Bitmain, the bitcoin mining hardware manufacturer has announced the launch of its latest mining ASIC named BM1385. This piece of hardware boasts of over...

Cloudminr.io Hacked! 80,000 Profiles Compromised

Cloudminr.io is the latest addition to the list of hacked Bitcoin companies. According to reports, the bitcoin cloud mining service platform was recently hacked...

BitFury Raises $20 Mil in Third Fundraising Round

While many Bitcoin mining businesses are going down, under loss due to increasing difficulty levels and infrastructure costs, BitFury has been doing really well...

Malware Filled “Prized” App Developer Reaches Settlement with FTC

What does it take for few entrepreneurs and developers to learn? “Learn from others' failures” is one of the common phrases in start-up circles,...

KnCMiner Deploys FinFET Based Solar ASICs

As the number of Bitcoins and Bitcoin users increase, Bitcoin mining becomes progressively tougher, requiring tougher and meaner machines with lots of horsepower. Bitcoin...
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